Manufacturing output in the Netherlands grew 20 fold over a century, with an annual growth rate of 3 per cent, driven by shifts from textiles to high-end machinery.
Output surged post-WWII, stagnated in the 1970s, and rebounded in the 1980s.
While employment in manufacturing fell to 8 per cent since 1920, increased productivity sustained growth, reflecting adaptability to global trends.
Output surged post-WWII, stagnated in the 1970s, and rebounded in the 1980s.
While employment in manufacturing fell to 8 per cent since 1920, increased productivity sustained growth, reflecting adaptability to global trends.
